Arab Finance: Integrated Engineering Group (INEG) has reported a 76% year-on-year (YoY) increase in net loss after tax during 2023, according to a filing to the Egyptian Exchange (EGX) on February 27th.
The company has narrowed its net loss after tax to EGP 3.785 million in 2023 from EGP 2.156 million in 2022.
The company recorded EGP 8.287 million in revenue for the 12 months ended December 31st, compared to EGP 4.980 million.
Integrated Engineering Group is an Egypt-based public company listed on the EGX in 2014. The company operates within the capital goods sector focusing on construction and engineering.